National Real Estate Development Council
Office space demand may well rise positively in real estate markets owing to the proposed industrial freight corridor linkage between Delhi and Mumbai owing to rising infrastructure. The entire procedure for allotment of land has been concluded with regard to the very first phase of the spanking new industrial freight corridor linking Mumbai and Delhi. [...] Continue Reading »
In New Delhi the Narendra Modi government, chief ministers, top realty honchos, urban planners, private equity firms, bureaucrats and bankers are meeting for a 2 day conclave. They want to come up with a solution to the most annoying of all problems- finding a decent home for all the Indian citizens. This has been a part [...] Continue Reading »
The Finance Minister Arun Jaitley was addressing the crowd at a realtors conclave organised by the National Real Estate Development Council in Mumbai on Wednesday. He mentioned in that conclave that his ministry will take into consideration all the possible steps to fulfil the agenda of the PM Narendra Modi’s plan to ensure housing for all [...] Continue Reading »
Investments to the tune of more than $2 trillion would be required by 2022 to create a stock of over 110 million housing units. This will help the government to achieve the target of “housing for all” by 2022. National Real Estate Development Council (NAREDCO) President Sunil Mantri stated that there is already a huge [...] Continue Reading »
BJP’s election manifesto was loud and clear, ‘’Housing for all by 2022’’. In order to make this dream a reality, the government is planning a new interest subvention scheme to make the Home loans for the underprivileged more affordable. This subvention scheme will meet a part of the home loan burden. The finance secretary G S [...] Continue Reading »
KPMG released a report at a real estate-banking conclave organized by the National Real Estate Development Council (NAREDCO) in Mumbai on Wednesday. It came up with some data which might work as an eye opener to the current government. A fifth of the urban and rural households have very limited access to housing facilities, potable [...] Continue Reading »
The ambitious plan of Prime Minister Narendra Modi to build 100 smart cities across the country is a major step towards a Digital India. India is looking forward to upgrading its urban areas and creating new world class cities. The prime minister is pro urbanisation and digitisation and recognition is given to technology in realising [...] Continue Reading »
The chronic housing shortage in India requires reforms in the banking sector and investment policies. Then only Modi’s dream of Housing for all’ by 2022 will come true. Sunil Mantri the President of National Real Estate Development Council (NAREDCO) stated that currently the bank’s exposure to the realty sector is only 5 %. This is [...] Continue Reading »
Realtors’ body CREDAI (The confederation of Real Estate Developers’ Association of India) today appreciated the RBI’s (Reserve Bank of India) move to ease norms for banks to raise long term funds for financing affordable housing. They believe that this will lead to cheaper credit for such projects. In order to encourage infrastructure development and affordable housing, [...] Continue Reading »
The real estate sector has started to have some expectations from the new government. They are in the hope that some of the strict conditions in the Land Acquisition Act will be eased soon. The issue of acquiring land has been quite a craze for the industries. Several new projects haven’t been started yet since [...] Continue Reading »
